Q-linea Q1: Commercial progress together challenges to mitigate costs and secure growth capital - Redeye

Q-linea and its distribution partners continue to advance pilot and tender process activities, which is critical as this is paramount for future sales. During Q1, the company won an Italian tender and participated in another Italian tender involving nine instruments in Italy. The Q1 OPEX was SEK 53.5m ahead of the extended saving program. Q-linea’s cash position was SEK base in Q1 was SEK 29.4m, and Q-linea has extended the credit facility from the main shareholder, Next2be, by SEK 60m from SEK 41.5m level. Our base case ahead of Q1 was SEK 6 (Bull SEK 20 and Bear SEK 1).

Länk till analysen i sin helhet: https://www.redeye.se/research/1013316/q-linea-q1-commercial-progress-together-challenges-to-mitigate-costs-and-secure-growth-capital?utm_source=finwire&utm_medium=RSS